The Prentiss Family Foundation

DALLAS, TX EIN: 75-2255757

The Prentiss Family Foundation is a private foundation based in Dallas, Texas, established in 1989. Also known as The Michael V and Patricia G Prentiss Foundation, it is a 501(c)(3) organization with no employees that provides support for various charitable, civic, and educational organizations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$347K

-11.8% YoY

Annual Giving

$160K

-17.9% YoY

Grant Count

-3.2% YoY

Avg Grant Size

$5K

-15.2% YoY

Under IRS private-foundation payout rules, The Prentiss Family Foundation reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's principal charitable activity is providing support for various charitable, civic, and educational organizations. Its grantmaking priorities include Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.

Grantmaking

The foundation made 20 grants in 2024. Recent grants include:

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking extends across multiple states, with primary focus areas in Virginia, Texas, and Massachusetts.

Grant Distribution by State

Texas $254K (33%)

Virginia $227K (30%)

Massachusetts $140K (18%)

Maryland $61K (8%)

Washington $30K (4%)

Florida $16K (2%)

Georgia $7K (1%)

California $5K (1%)

+8 more states

States

California District of Columbia Florida Georgia Iowa Kansas Massachusetts Maryland Missouri New York Ohio Rhode Island Tennessee Texas Virginia Washington

Cities

AmarilloAustinBethesdaBooneBostonCharlottesvilleCincinnatiClarksburgClaytonCrozetDallasGainsvilleGrass ValleyHyannisJacksonvilleManhattanMemphisNew YorkNewportOsterville

Financial History

Multi-year comparison from IRS filings

As of December 2024:

Total assets: $346,624
Total revenues: $118,409
Total expenses: $164,630
Total giving: $159,600

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$346,624	$392,845	$547,836
Revenue	$118,409	$41,159	$45,145
Expenses	$164,630	$196,150	$249,620
Qualifying Distributions	$159,600	$194,500	$249,000
Net Investment Income	$9,313	$9,821	$15,727
Distributable Amount	$39,986	$44,834	$52,968

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

132 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include I Have a Dream Foundation ($25,000), Camp Sweeney ($15,000), Virginia Discovery Museum ($15,000).

Recipient	Purpose	Amount
ALZHEIMER'S DISEASE RESEARCH CLARKSBURG, MD	CHARITABLE	$500
AMERICAN RED CROSS BOONE, IA	CHARITABLE	$250
BAYLOR SCOTT & WHITE FOUNDATION DALLAS, TX	CHARITABLE	$5,000
BLUE RIDGE AREA FOOD BANK CHARLOTTESVILLE, VA	CHARITABLE	$5,000
BOYS & GIRLS CLUBS OF CENTRAL VA CHARLOTTESVILLE, VA	CHARITABLE	$10,000
CAL FARLEY'S BOY'S RANCH AMARILLO, TX	CHARITABLE	$200
CAMP SWEENEY GAINSVILLE, TX	CHARITABLE	$15,000
CAPE COD HEALTHCARE FOUNDATION HYANNIS, MA	CHARITABLE	$10,000
CATTLE BARONS DALLAS, TX	CHARITABLE	$7,000
CHRIS LONG FOUNDATION CLAYTON, MO	CHARITABLE	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MICHAEL V PRENTISS	PRESIDENT	—	—
DENNIS DUBOIS	VICE PRESIDE	—	—

Recent News & Activity

Recent developments and announcements

2024

The foundation continues active grantmaking, with 20 grants distributed in 2024 across education, human services, and charitable causes.

Frequently Asked Questions

What does The Prentiss Family Foundation fund?

How do I apply for a grant from The Prentiss Family Foundation?

The foundation made 20 grants in 2024. Recent grants include: • I Have A Dream Foundation - Dallas: $25,000 (2024) • Virginia Discovery Museum: $15,000 (2024) • Wounded Warrior Project: $10,750 (2024) Typical grant awards range from $50 to $35,000. Total giving in 2024 was $159,600.

Where does The Prentiss Family Foundation make grants?

The foundation's grantmaking extends across multiple states, with primary focus areas in Virginia, Texas, and Massachusetts.

What size grants does The Prentiss Family Foundation award?

In 2024, The Prentiss Family Foundation awarded 30 grants totaling $160K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is The Prentiss Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Prentiss Family Foundation reported a distributable amount of $40K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Prentiss Family Foundation's EIN?

The Prentiss Family Foundation's EIN (Employer Identification Number) is 75-2255757. IRS Form 990 filing data is available on this page for 2020–2024.